Companies
National Railway Supervision Council Slaps Grup Feroviar Roman With RON3.49M Fine
The National Railway Supervision Council (NRSC), part of Romania's Competition Council, has fined Grup Feroviar Roman (GFR) a total of RON3.49 million for failing to comply with the measures...
Competition Council Clears Takeover Of Eolica Dobrogea One By Premier Energy PLC
Romania's Competition Council has approved the transaction whereby Cyprus' Premier Energy PLC, through Premier Renewable Invest Co S.R.L., intends to acquire Eolica Dobrogea One S.A.
Sonaca Aerospace Transilvania Sees 2023 Turnover Rise 4,6% To RON62.3M
Aircraft parts manufacturer Sonaca Aerospace Transilvania, the local subsidiary of Belgian group Sonaca, for 2023 reported turnover worth RON62.3 million (EUR12.6 million), up 4.6% from 2022...
Mark Twain International School Builds Two New Campuses Near Bucharest, Readies Investments of around EUR15M
Private school Mark Twain International School will in 2024 start building a Flagship Campus in the area of Balotesti, which will be able to accommodate between 800 and 1,000 students. This...
Olint Com Revenue Shrinks 30.7% To RON130.7M In 2023
Olint Com, based in Radauti, Suceava County, which operates in production, trade and distribution of building and interior design materials and is owned by entrepreneur Georgeta Cusiac, post...
Italy’s Manni Group, Which Owns Isopan In Romania, Creates Joint Venture With Marcegaglia Steel
Italy’s Manni Group, which owns insulating panel maker Isopan in Romania, has signed a joint venture agreement with Marcegaglia Steel for the insulating panel and sectional door panel making...
Deloitte Romania Assisted WDP in Acquisition of Three Logistic Parks in EUR110M Deal
Deloitte Romania assisted Belgian real estate developer WDP in the acquisition of Global Logistics Chitila, Targu Mures Logistics Hub and Black Sea Vision, from a joint venture owned by Glob...
INS: Romanian Execs Predict Rising Prices in Services, Retail Trade, Constructions and Industry in July-September 2024
Romanian executives expect price hikes in services, retail trade, constructions and the processing industry, in line with a survey conducted by the country’s statistics board INS.
iSTYLE Romania 2023 Turnover Up 6%, To almost RON600M
iStyle Retail SRL, the largest Apple Premium Reseller retail chain in Central and Eastern Europe, for 2023 reported net turnover worth RON590.4 million (EUR118.7 million), up 6% from 2022.